PLBLF (Altus Copper) Days Inventory: 18.48 (As of Jun. 2023)


What is Altus Copper Days Inventory?

Altus Copper PLBLF Days Inventory is 18.48 as of Jun. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Altus Copper's Average Total Inventories for the three months ended in Jun. 2023 was $0.02 Mil. Altus Copper's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.08 Mil. Hence, Altus Copper's Days Inventory for the three months ended in Jun. 2023 was 18.48.

The historical rank and industry rank for Altus Copper's Days Inventory or its related term are showing as below:

PLBLF's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.65
* Ranked among companies with meaningful Days Inventory only.

Altus Copper's Days Inventory declined from Jun. 2022 (37.92) to Jun. 2023 (18.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Altus Copper's Inventory Turnover for the three months ended in Jun. 2023 was 4.94.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Altus Copper's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.22.

Altus Copper  (OTCPK:PLBLF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Altus Copper's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.079 / 0.016
=4.94

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Altus Copper's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.016 / 0.072
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Altus Copper Days Inventory Related Terms

Altus Copper Days Inventory Historical Data

* Premium members only.

The historical data trend for Altus Copper's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Altus Copper Days Inventory Chart

Altus Copper Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
18.57 23.40 29.62

Altus Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 37.92 54.33 46.81 18.40 18.48

PLBLF vs TTCFQ, BSFC, BDPT: Days Inventory Comparison

For the Packaged Foods subindustry, Altus Copper's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Altus Copper Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Altus Copper's Days Inventory distribution charts can be found below:

* The bar in red indicates where Altus Copper's Days Inventory falls into.


Altus Copper Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Altus Copper's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.073 + 0.075) / 2 ) / 0.912*365
=0.074 / 0.912*365
=29.62

Altus Copper's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.025 + 0.007) / 2 ) / 0.079*365 / 4
=0.016 / 0.079*365 / 4
=18.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 18.48 mean?
Altus Copper (PLBLF) has a Days Inventory of 18.48 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Altus Copper and its competitors.
Is Altus Copper's Days Inventory too high?
Altus Copper's current Days Inventory is 18.48. The Consumer Packaged Goods industry median Days Inventory is 82.65. Altus Copper's value of 18.48 is 77.6% below this industry median.
How does Altus Copper's Days Inventory compare to TTCFQ and BSFC?
Altus Copper's Days Inventory of 18.48 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.65. Altus Copper's value of 18.48 is 77.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.65, based on 1,867 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altus Copper's current Days Inventory of 18.48 is 77.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Altus Copper and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altus Copper's current Days Inventory is 18.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Copper stock overvalued right now?
Altus Copper (PLBLF) has a current Days Inventory of 18.48. The current Days Inventory is 18.48 and 77.6% below the Consumer Packaged Goods industry median of 82.65. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Altus Copper (PLBLF), the current Days Inventory is 18.48 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Altus Copper Business Description

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.